Angel Studios (ANGX) Shares Outstanding (2021 - 2026)
Angel Studios (ANGX) recorded Weighted Average Shares Outstanding of 189.35 million in Q3 2026, up 20.8% from 156.8 million a year earlier and up 2.8% from the prior quarter.
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Analysis
Angel Studios (ANGX) Shares Outstanding (2021 - 2026) Analysis & Trends
For FY2025, Angel Studios reported Weighted Average Shares Outstanding of 155.25 million, up 12.5% from FY2024.
- Annual Weighted Average Shares Outstanding has increased for four straight years, with a four-year compound annual growth rate of 104.2% (FY2021 to FY2025).
- Across earlier years, Weighted Average Shares Outstanding came in at 137.99 million in FY2024 (+4.1%), 132.56 million in FY2023 (+156.2%), 51.75 million in FY2022 (+479.0%) and 8.94 million in FY2021.
- The Q3 2026 figure is the highest quarterly Weighted Average Shares Outstanding in data going back to Q2 2021.
- On a year-over-year basis, Weighted Average Shares Outstanding has increased for five consecutive quarters, with growth averaging 15.0% over the last six quarters.
- Peak year-over-year performance for Weighted Average Shares Outstanding in the last five years was growth of 820.0% in Q3 2022, against a decline of 84.4% in Q1 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at 184.24 million (Q2 2026), 169.38 million (Q1 2026) and 155.25 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | Walt Disney | 205.42 Bn | 189.99 Bn | 11.57 Bn | 1.74 Bn |
| 2 | Warner Music | 16.90 Bn | 14.39 Bn | 854.00 Mn | 375.38 Mn |
| 3 | Lionsgate Studios | 4.18 Bn | 2.90 Bn | 240.40 Mn | 297.60 Mn |
| 4 | Angel Studios | 905.05 Mn | 728.30 Mn | 100.00 Mn | 189.35 Mn |
| 5 | Reservoir Media | 675.30 Mn | 590.68 Mn | 32.16 Mn | 66.00 Mn |
| 6 | Kartoon Studios | 31.10 Mn | -22.52 Mn | 1.19 Mn | 66.16 Mn |
| 7 | American Picture House | 4.55 Mn | 4.55 Mn | - | 113.56 Mn |
| 8 | Nexus Advanced Technologies | 792,061.23 | -15.85 Mn | - | 2.05 Mn |
| 9 | AI Era | 58,016.81 | -592,216.19 | - | 5.46 Mn |
| 10 | Sony | 166.48 Bn | 103.89 Bn | 7.96 Bn | 5.98 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 189.35 Mn |
| Jun 30, 2026 | 184.24 Mn |
| Mar 31, 2026 | 169.38 Mn |
| Dec 31, 2025 | 155.25 Mn |
| Sep 30, 2025 | 156.80 Mn |
| Jun 30, 2025 | 149.43 Mn |
| Mar 31, 2025 | 145.62 Mn |
| Dec 31, 2024 | 137.99 Mn |
| Sep 30, 2024 | 138.82 Mn |
| Jun 30, 2024 | 3.59 Mn |
| Mar 31, 2024 | 3.59 Mn |
| Dec 31, 2023 | 132.56 Mn |
| Sep 30, 2023 | 15.20 Mn |
| Jun 30, 2023 | 18.65 Mn |
| Mar 31, 2023 | 23.00 Mn |
| Dec 31, 2022 | 51.75 Mn |
| Sep 30, 2022 | 46.00 Mn |
| Jun 30, 2022 | 23.00 Mn |
| Mar 31, 2022 | 23.00 Mn |
| Dec 31, 2021 | 8.94 Mn |
API Access
Angel Studios Shares Outstanding API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=shares-outstanding&ticker=ANGX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding", "ticker": "ANGX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=shares-outstanding&ticker=ANGX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();